Volkswagen reports Q3 results; updates 2026 outlook
- Volkswagen press release (VWAGY): Q3 Revenue of €75.28B (-6.3% Y/Y).
- €4.4 billion Net Cash Flow in the Automotive Division in 9M 2026 (9M 2025: €1.8 billion), up 145%.
- 5.9 million vehicle sales in 9M 2026, 11% below 9M 2025 (6.6 million vehicles).
- Order intake in Europe up by around 4% compared with 9M 2025; BEV order intake rises 39%.
- Outlook for 2026: The Volkswagen Group expects Group sales revenue in 2026 of around €315 billion. The Group’s operating return on sales is expected to reach up to 1 percent. In the Automotive Division, the company expects an investment ratio of between 11 and 12 percent and net cash flow of between €3 billion and €6 billion for 2026. Net liquidity in the Automotive Division is expected to range between €32 billion and €34 billion in 2026. The Volkswagen Group continues to pursue its objective of maintaining a solid financing and liquidity policy.
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